St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-18

a RTICLEs OF INCORPORATION-Th under
~ signed being DESTROYS of forming a cor
poration in accordance with the laws of the state
OF Minnesota in such case made and provided, do
for said purpose hereby associate themselves to-
gether and hereby sign and adopt the following
articles OF incorporation:
Article 1.-The name of this corporation shall be
the MARK Paine Lumber Company"
Article 2-The object for VIII ch this corporation
is formed and the general nature of its business
snail be the purchase and sale of all kinds of um-
Der, lath shingles and all material pertaining to
the lumber trade. and the purchase. holding and
sale of real estate
The principal place of business and the general
once OF said corporation shall be at the City of
Minneapolis, Minnesota, and said CORPORATION
shall have the ght TO do business at other places
as shall be deemed best
Article S-This corporation shall commence on
the LIST day of April A. ID. 1857 and shall continue
Tor period of thirty years thereafter
Article 4-The amount of capital stock of said
corporation shall be fifty thousand (s50,000) dol
lars divided into 1000 shares of fifty $500 dollars
each. Said shares to be paid in as the Board of
Directors shall determine ana direct
Article 5-The highest amount of indebtedness
to which said corporation shall ut any time be
subject shall be twenty-five thousand ($25, 00O) dol
lars
Article 6-The names and places of residence of
the persons forming this corporation are as fol-
lows to-wit James NJ. Paine, Minneapolis Min
nesota; Edgar w. Wilson, Minneapolis, Minnesota,
and Mark Paine, Northern Pacific junction, Min
nesota.
Article THE government of this corporation
and the management of its business affairs shall
be vested n board of three GO directors They
shall be elected by ballot vote of the stockhold-
ers (each share being entitled 10 vote at each
annual meeting thereof, and shall hold their Of
fees for one year. until their successors are
duly elected and qualify in their stead.
Ihe annual meeting OF this corporation shall be
held on the first Tuesday of May in each and
every year at its general Office in Minneapolis, ex-
eept that no annual meeting shall be held in the
year 1887.
The annual meeting of the Board of Directors
shall be held each and every year after the year
1887 at the general Office of said corporation in
sad Minneapolis, Immediately after the adjourn
ment OF the annual meeting of said corporation
The first Board of Directors of said corporation
shall consist OF the following named persons who
shall hold their offices until the annual meeting
OF the corporation tor the year 1888, until their
successors are elected and qualify in their stead:
James NJ Paine, Edgar w. Wilson and Mark
Paine.
Article s-The officers of this corporation shall
be President Vice President Secretary and Treas
urer The same person may hold the Offices of
Secretary and Treasurer in said corporation ct the
same time. They shall be elected by the Board
of Directors at each annual meeting after the year
1857 and shall hold their Offices for one year or
unit their successors are elected and qualify in
their stead. The first officers OF this corporation
shall be the following named persons: President,
james NJ. Paine; Vice President, Edgar w Will
son; Secretary and Treasurer, Mark Paine. They
shall hold their offices until the annual meeting
of the Board of Directors for the year 1855 or un
til their successors are elected and qualify in
their stead. Vacancies occurring in any Office OF
OF Directors at its next meeting.
lnwitness whereof the incorporators herein
named have hereto set their hands and seals this
Sth day of March, A d. 1887.
MARK PAINE. Tseal1
EDGAR W.wILsoN, fseaIi
JAMES NJ PAINE. fSeall
In presence Of
FRANK w. BOOTH,
H. OLDENBURG.
STATE OF MINNESOTA, s
COUNTY OF HENNEPIN, 30
On this Sth day of March, A. D. 1887, personally
appeared before me. Notary Public within and
for said County of Hennepin, James NJ Paine and
Edgar w. Wilson, to me personally known to be
the persons named in and who executed the above
instrument, and they each Acknowledged that
hey executed the same their free act and deed
or the uses and purposes therein expressed.
| Notarial Seal FRANK w BOOTH
| Notary Public, Hennepn County, Minnesota.
STATE OF MINNESOTA
| COUNTY OF CARLTON, %
On this 9th day of March, A. D. 1887. personally
appeared before me- q Notary Public within and
for said Carlton County, Mark Paine. to me per-
| sonally known to be the person named in and who
signed and executed the above instrument and
he acknowledged that he executed the same as
his free act and deed for the uses and purposes
| therein expressed.
[Seal] H. OLDENBURG
Notary Public, Carlton County, Minnesota.